My top secret analysis shows there is a high probability that price will fall over the next trading day. My hunch is price will breakout of the bottom channel before rebounding up.
Short on a break of Trend Line Targets and Stop Loss on the chart. Protect your profits
Read text written in the chart.
FX:AUDCHF GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext BC 261% ext BC Targets: TP1 61.8% CD TP2 127% CD CYPHER: Point B: 38.2% to 61.8% XA Point C: 127% to 141% ext XA Point D: 78.6%...
Range is tightening, moving averages are flat, lots of wicks to show the boundary of the wedge. This all shows indication of an impending breakout.
TARGET 2 - 0.70108 50 - 100 pips...GOOD LUCK! KEEP THE RADARS UP!!!
On a break of the Daily Channel, I anticipate AUDCHF to go to 0.7766 or higher to complete AB = CD pattern. 0.7766 area is a previous support zone which may act as resistance. ** This is a positive carry trade so you will be paid swap for holding long entries. ** ** Once a break happens, you can add to your winners using the 23 or 34EMA from H1 time frame or...
80+ PIPS in either direction...Good Luck!!! KEEP THE RADARS UP!!!
The Swiss franc has seen some action as traders move in and out of safe-haven assets, no matter what the Swiss National Bank implements (franc futures has a .82 correlation with gold). With the ECB hinting that more quantitative easing is possible ahead of the rate decision March 10, the SNB may feel obliged to intervene to stop any significant appreciation in...
short term shorting opportunity.. expecting a bounce from film 0.618 to form a head and shoulder
Good morning traders, Price closed above 50 MA and above demand / supply zone, so I have a bullish bias on this pair while level holds. I´m entering long @ 0.709 with SL below 0.699 You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never add to a losing position . 2. Don´t be the first to buy low and sell high ., and don´t...